Smashmallow—a snackable marshmallow brand created by KRAVE founder Jon Sebastiani—has been awarded $21m after a lengthy legal battle with an equipment manufacturer that failed to deliver on its promises.
Humble Growth—a New York based growth equity investment firm launched by three CPG veterans—has closed a $312m fund to invest in ‘disruptive’ consumer brands.
The vertical farming company’s newly appointed chief commercial officer Rita Hudetz says one of her goals is to make Oishii a household name.
FarmTrace has a new CEO and ClimateAI’s founder is stepping away.
Nestlé is partnering with VC firm the Yield Lab Latam to support agtech startups in Latam and bolster its own sustainability goals.
Exploiting blockchain’s full potential around traceability requires us to think of the technology as a tile to be integrated with other available solutions.
Patagonia Provisions “fell in love” with Moonshot’s business, which is built around the concept of shorter supply chains and more traceable ingredients.
Unless it mitigates emissions, PepsiCo will miss its Science-Based targets for 2040 by 58%, according to think tank Planet Tracker.
High-protein, low-sugar “complete nutrition” brand Soylent sees opportunities to expand its retail presence and improve marketing, according to its CEO.
Agtech startup FarmWise gets a new CEO, Cargill sees a CFO shuffle, and Beyond Meat saays good-bye to its longtime branding executive.
Major CPGs and other agrifoodtech players weigh in on what regenerative agriculture entails as it becomes an increasingly crucial pillar of farming.
Keurig Dr. Pepper CEO leaves the company after just three months at the helm, while Impossible Foods makes two new C-suite hires.
The ghost kitchen service is part of PepsiCo Foodservice Digital Lab, which helps restaurants start delivery-only formats, among other things.
Despite a slowdown in people moves overall, the month included a few notable transitions from the likes of Beyond Meat and the Upcycled Foods Association.
Food producer costs were 1.4% higher than consumer costs in the US as of March 2022, according to new research from pricing software company Vendavo.
The company is recreating classic refrigerator and pantry staples using novel ingredients and will launch its first product in Spring 2022.
A small but growing list of agrifood companies are pledging to go net water positive or making other commitments around water reduction.
Farmers can use the R3 web app to forecast their potential return on investment for implementing various regenerative ag practices.
Full Harvest’s recent Series B fundraise will go towards accelerating data insights for sellers and buyers of surplus and imperfect food.
A growing number of startups are creating “climate-friendly” snacks that cut carbon and promote regenerative agriculture practices.
Smoke & mirrors, not worth the extra cost: 50 US farmers speak out on carbon markets